[Resolved]  State Bank Of Travancore — Payment 40% of Home loan

Address:

Ernakulam, Kerala

My wife applied for home loan Rs.15 lakhs from SBT motgaging land. The approximate market land value is more than 2 crores. The has given the first instalment of 30 % and promised to pay the next 40 % after completion of ground work. The ground work is over and certificate of Engineer is submitted to the Bank.No asking for the 40% payment bank is refusing to visit the site and asking us to complete the house at lindel level and completion of concreting work. Is the stand taken by the bank is correct Manoj C Sekhar Ernakulam